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  1. M

    Index futures (OMX, Sweden)

    I don't know if the market is getting to me, but I was wrong in saying that the positive scenario falls if we get an up close. On the contrary since it would mean a test of bottom early in the week. It would make even more sense if we got it and people "wise" from what happened in the same...
  2. M

    Index futures (OMX, Sweden)

    Well we got our decline, and more than I had expected or I would have sold out last week... With last week down more than a percent and first trading day down at the moment, the expectation for tomorrow is for up about a half a percent. Since this is mostly based on quantifying monday as the...
  3. M

    Index futures (OMX, Sweden)

    The US markets were down yesterday, and so was Japan. Japan gained as much as it lost yesterday though, so things are getting back to where they were before the holiday. Usually, we would see hesitancy this morning, perhaps up to half a percent decline, before people realise that they are...
  4. M

    Index futures (OMX, Sweden)

    Aint this a sleepy trader; the bond market closed at noon EST today! So what can we hope for know? Well, short traders wanting to go flat into the weekend perhaps. I still think the DOW and the S&P wants to close higher...
  5. M

    Index futures (OMX, Sweden)

    :( Looks a bit bleak again for the US indexes. Perhaps the bond market close can take a bit of pressure off and let it bounce up a bit...
  6. M

    Index futures (OMX, Sweden)

    Looks like the US markets are turning up more in earnest today, which is good, because that might bail me out of this trade on the right side of the ledger. Even the European markets are starting to get going. Let's see how it plays out. I think the DJIA will stop dead at about 11200 today, but...
  7. M

    SPX Credit Spread Trader

    And sorry to Mr Phil and others on this forum as I posted last message in the wrong Journal. Happy Easter Bunny!
  8. M

    Index futures (OMX, Sweden)

    Market closed at 1043.50 (high 1046 and low 1042). Made 2.25 points today on the position from yesterday, and 0.25 on the add on, which together with yesterdays profit made the week look better. Still, the whole week was down 1.75 points for me, from last fridays close. I am long over the weekend.
  9. M

    Index futures (OMX, Sweden)

    I don't like the fact that the CAC, DAX and FTSE all were unchanged to lower today again. I do not mind us being the pilot fish to the upside, but they better start swimming, or we'll be left to the sharks...
  10. M

    SPX Credit Spread Trader

    I don't like the fact that CAC, FTSE and DAX are all down today again. I don't mind us being the pilot fish to the upside, but they need to follow suit soon, or they leave us to the sharks.....
  11. M

    Index futures (OMX, Sweden)

    Price is now 1042.75, down from 1045 at last post, and with hindsight, an exit and re-entry now would have been nice. Coulda, woulda, shoulda.... So, now we only have 25 minutes to closing, and we should see a bounce up. Still need to figure if I should keep all of the position, or dump some...
  12. M

    Index futures (OMX, Sweden)

    Ok, seems like we might get a couple of points more pullback at this point, but with only an hour to go into closing, I will not wager to try to finesse this one. Instead, I need to figure out if I should lighten up some, or keep everything over the weekend, because I have almost made up my mind...
  13. M

    Index futures (OMX, Sweden)

    I can see in local stock market chat rooms and some sentiment indicators that I keep, that this is not a very trusted rally. If we can only keep up this strength during the day, and the US don't fall back, I think we will see a very strong market next week, perhaps back up to the latest top in...
  14. M

    Index futures (OMX, Sweden)

    I note in Hirsch's Almanac that day after Easter is on average down in the US (nb 2005 is the latest I have). This really makes my fingers itch to keep the position over the weekend. How spread is the "knowledge" of a downbias? I think it just might turn upside down....and go up. Besides, if the...
  15. M

    Index futures (OMX, Sweden)

    Still seems to be some problems with putting in orders through the system and while the pullback has been very shallow (1046 - 1044, now at 1045) and an exit probably would have done no good, there is still the frustration. Meanwhile, I need to think of the next few moves. The turnaround...
  16. M

    Index futures (OMX, Sweden)

    This is just great. Tried to put in a limit sell order a few points up, and the system bounces it. The line to the broker is busy, as I am probably not the only one with the problem. Let us just hope that it's fixed before I NEED to get out.
  17. M

    Index futures (OMX, Sweden)

    Ok, we have some morning strenght and the market opened at 1045. It immediately fell back to 1043 were I added some to my position, since ash market has gone through the round number of 1050, and I think we just might see some further upside, withouth necessarily going back first. Now long from...
  18. M

    Index futures (OMX, Sweden)

    The US markets did not give us much to work with, neither did the Asians. I still think that we are headed higher in the days to come, but with the heroic turnaround yesterday, with only 3.5 points of pullback in a 15 point move, I think there might be some back and fill. I am hoping for a few...
  19. M

    Index futures (OMX, Sweden)

    The market closed at 1041.25 (High 1042.25, Low 1027.50) and I am long from 1039.25. Let's see how the US market does tonight. Too early to bet how the opening is gonna be tomorrow. Bias for the next few days though should be up, so strategy will be to work from the long side, and possibly sell...
  20. M

    Index futures (OMX, Sweden)

    Ok, so the market took my resting limit buy order at 1039.25, at 16.06 CET. I bought a bit hesitantly since we have quite a run up since this morning, not much of a pull back, and the US markets have opened up and might go down and test lows again during the day. This could put some pressure on...
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